Month: June 2016

She’s so, so close to being debt free. Jessica Elberfeld, 29, has paid down more than $100,000 of her student loans since she graduated college seven years ago and she’ll be completely done paying them off by...VIEW MORE

Although the burden of repaying student loan debt can delay life goals like buying a home, pursuing a higher degree, or starting a business, it’s possible that the impact of student loan debt on homeownership been overstated....VIEW MORE

When Tom Taylor graduated from college in 2010, he had an outstanding student debt of $70,000 and no full-time job. Today, Taylor is the associate director of social media at Boston agency Connelly Partners, but he’s still...VIEW MORE

Education Secretary John B. King Jr. on Monday announced new proposals aimed to protect student borrowers who are victims of fraud in the for-profit college sector. King, in an afternoon news conference, said the proposal would “clarify,...VIEW MORE

Department of Education for broad rules that give students unlimited time to file claims and unrestricted debt relief. Yet agreeing to those terms could ulti mately mean the loss of billions of dollars in taxpayer money. As...VIEW MORE

White House Student Debt Challenge gets help enrolling borrowers in repayment plans As millions of borrowers struggle to stay current on their federal student loans, more private partners are stepping up to help. More than 40 companies,...VIEW MORE

Massive investment in improving skills turns sour, echoes of housing crisis The U.S. government over the last 15 years made a trillion-dollar investment to improve the nation’s workforce, productivity and economy. A big portion of that investment...VIEW MORE

Consolidating federal student loans can be a savvy way to manage payments, but comes with a couple caveats. While the federal program allows students loan borrowers to consolidate their loans for streamlined payments, it comes with benefits...VIEW MORE

The numbers are staggering, seven out ten college graduates have outstanding college loans and up to 25 percent of borrowers are behind in their payments! In today’s 3 On Your Side report we take a look at...VIEW MORE

Health care professionals in California may be eligible for up to $50,000 a year in loan forgiveness. One of the Student Loan Ranger’s all-time favorite television series was the quirky ’90s show “Northern Exposure.” The premise was...VIEW MORE

Headlines

June 15, 2017

For most borrowers, federal student loans don’t go away until you pay them off. But in rare cases, the government will discharge the remaining balance of your student loans. In fact, there are seven options for student...VIEW MORE

June 14, 2017

Americans now hold more student loan debt than ever before, and many workers must pay off loans before they can start thinking about their financial future. Last week, Memphis announced the launch of a Student Loan Reduction...VIEW MORE

June 08, 2017

The Education Department said Tuesday that the hundreds of thousands of doctors, lawyers, teachers and social workers on track for a form of student loan forgiveness will not be affected by President Trump’s proposal to get rid...VIEW MORE

June 07, 2017

Curry Oglesby knows the challenges firsthand of trying to pay down her debt and also plan for her future. “It’s not like I have savings right now,” she said. The 30-year-old graduated from Howard University in 2009...VIEW MORE